Do Wage Subsidies Provide a Stepping-Stone to Employment for Recent College Graduates? Evidence from a Randomized Experiment in Jordan
研究约旦随机实验中,向女性社区大学毕业生发放工资补贴券,发现短期就业率提升38个百分点,但补贴结束后效果消失,额外工作经验未成为新工作的垫脚石,原因可能是生产率未超过最低工资。
This study examines the impact of a randomized experiment in Jordan in which female community college graduates were assigned to receive a wage subsidy voucher. The wage voucher led to a 38 percentage point increase in employment in the short run, but the average effect is much smaller and no longer statistically significant after the voucher period has expired. The extra job experience gained as a result of the wage subsidy does not provide a stepping-stone to new jobs for these recent graduates, which appears to be due to productivity levels not rising above a binding minimum wage.